3 ms·
I think the price has research, development, and the cost of clinical trials baked in. I believe these costs can be very expensive, as (at least in the US) the
by zzaacchh 7y ago
I think the price has research, development, and the cost of clinical trials baked in. I believe these costs can be very expensive, as (at least in the US) there are lots of hoops to jump through in order to sell medical devices. And many experiments don't lead to successful products, so the costs need to make in the "failure rate" as well.
I think a lot of the high prices charged for medical gear isn't so much to recoup the variable cost of production of that item, it's to recoup the initial/fixed cost of bringing the gizmo to market. If people can "photocopy" someone else's device by just covering the variable cost, it might cripple companies' incentives for developing for the medical market.
And I believe it's true that if a patent holder doesn't go after every known infringement, it becomes much more difficult to go after any known infringement.
Not saying that 3d printing these valves doesn't feel like the right thing to do in this case. Just saying that feels like a more nuanced situation, rather than being cut/dry.